I consider Shannon Hicks one of the savvy people of our industry. His failure to pass the test the first time points out that this test was not constructed to test reverse mortgage originators. That being said, if it must be done, twere better done quickly. It looks like we'll all have to hit the books and study for this one. Take Shannon's hint about thinking like a bureaucrat when you take the exam, lol. I've been speaking with some of the companies offering study courses about the results they've seen from those using their materials. The feedback I got is that knowledge is not all you need to have in order to pass the test. You need to read the questions through looking for double negatives and either/or scenarios, ergo, the bureacratic remark. The questions are supposed to tricky enough to make you stop to read them. I hope this is not a test designed to freeze out everyone who is not in a federally chartered bank or savings and loan. I guess the mortgage industry will soon find out.